Deccan Transcon Leasing Limited — Important, 23-07-2026: Disclosure of material issue
Deccan Transcon Leasing (DECCANTRAN) is boosting its stake in its Malaysian subsidiary, Deccan Shipping & Logistics Sdn. Bhd. (DSL Malaysia)!
**The Issue:** DECCANTRAN is acquiring an additional 15.34% equity stake (2,32,870 shares) in DSL Malaysia from an existing shareholder.
**Impact:** This move will increase DECCANTRAN's total shareholding in DSL Malaysia from 55.14% to a robust 70.48%. This strengthens the company's control and strategic investment in its overseas freight forwarding, logistics, and shipping services arm. DSL Malaysia reported a turnover of ₹89.41 Cr in FY25-26.
**Company’s Plan:** The acquisition cost is approximately ₹0.50 Cr, payable in cash. The deal is structured at arm's length, supported by an independent valuation report, and aims to facilitate the exit of a minority shareholder while consolidating DECCANTRAN's position. Completion is expected within 12 months, subject to standard regulatory compliances.
#DECCANTRAN #Acquisition #Logistics #Shipping
